8-K - Applied Optoelectronics, Inc. | StockGist

AI Analysis

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Applied Optoelectronics, Inc. executed a Design-Build Agreement with LCC3 Solution Inc. on February 27, 2026, effective February 13, 2026, for the FAB2 cleanroom project at 1111 Gillingham Lane, Sugar Land, Texas. The $30,885,000 contract covers design and construction of 92,674 square feet of ISO 6 certified cleanroom space with targeted substantial completion by September 30, 2026.

Key Takeaways

1Executed Standard Form of Agreement Between Owner and Design-Builder (AIA Document A141–2024) with LCC3 Solution Inc.

2Contract Sum: $30,885,000 inclusive of design, construction, and professional services.

3Project: 92,674 square feet ISO 6 (Class 1K) certified cleanroom in existing warehouse at 1111 Gillingham Lane, Sugar Land, TX 77478.

4Payments: Monthly progress-based with 10% retainage, due within 15 days of receipt.

5Liquidated damages cap: $1,600,000 for delays; incentives up to $1,810,000 schedule-based, $1,724,000 validation, $1,600,000 warranty.

6Targeted Substantial Completion: September 30, 2026.

Current Report Details

Event Type

Material Agreement

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

Entry into a Material Definitive Agreement. On February 27, 2026, Applied Optoelectronics, Inc. (the “Company”) executed a Standard Form of Agreement Between Ow

Material Agreement

2.03

. Item 9.01 Financial Statements and Exhibits. (d) Exhibits 10.1 Standard Form of Agreement Between Owner and Design-Builder (AIA Document A141–2024), effective

Financing

Transaction Details

Material Agreement

Agreement: Standard Form of Agreement Between Owner and Design-Builder (AIA Document A141–2024)
Parties: Applied Optoelectronics, Inc., LCC3 Solution Inc.

•Effective date: February 13, 2026; executed: February 27, 2026
•Project: FAB2 cleanroom, 92,674 sq ft ISO 6 (Class 1K) certified space at 1111 Gillingham Lane, Sugar Land, Texas 77478
•Contract Sum: $30,885,000
•Payments: Progress-based monthly applications, 10% retainage, due within 15 days
•Substantial Completion target: September 30, 2026
•Liquidated damages: Aggregate cap $1,600,000
•Incentives: Up to $1,810,000 schedule-based, $1,724,000 cleanroom validation, $1,600,000 warranty performance

Exhibits (3)

10.1

STANDARD FORM OF AGREEMENT BETWEEN OWNER AND DESIGN-BUILDER

10.2

EXHIBITS PACKAGE TO DESIGN-BUILD CONTRACT (FAB2 EXHIBIT PACKAGE)

8-K

FORM 8-K